- ICX performed a positive momentum on Friday’s trading session
- ICON coin price is $2.37, which is up by 24.0% in the last 24-hour time-frame and 78.0% up from the previous week
- ICX/BTC pair is positive with a gain of 2.15% in Friday’s trading session (0.00004490)
ICON had positive momentum on the weekly chart, and it progressed up to $2.39 on February 19, 2021, while breaking over the resistance zones created in the past. ICON coin price is framing a fresh record of a 30-day high. Meanwhile, the trading volume of $496,223,009 in the last 24-hour time-frame signifies an increase in the value of 86.60%. The ICX/ETH pair is positive with a rate of (0.001231) which is up by 86.60% in Friday’s trading session.
ICON (ICX) Technical Chart Indicates a Positive Trend
The technical chart of ICON highlights a positive trend. In contrast, ICON coin price is at $1.43. According to pivot points, the critical support level for ICX is placed at $1.92. Whereas if it moves up, the key resistance levels to watch are $2.37 and $2.52. While diving into the weekly chart of a 4-hour time-frame, it completes a bullish engulfing candlestick pattern, indicating the bulls have overwhelmed the bears and are now in control.
Volume indicator with the amount (1.923M) exhibits a buying volume in coin. Investors can further expect an increase in buying volume in future trading sessions.
SMA-200, price is at $1.01, which acts as another reliable support in the coin. The price is above the SMA, and investors can expect a bullish trend in the coin.
MACD indicator (BULLISH), bullish crossover above signal line detected on February 19, 2021, indicated a buy signal in the coin during the trading session. Also, it denotes massive green bars on Histogram.
Meanwhile, the RSI indicator (BULLISH) with a value of 69 indicates a buy signal in the coin, investors can witness an overbought situation in upcoming trading sessions.
ICON coin price is up by 24.0% on Friday’s trading session. The price is above the SMA of $1.01 Investors may expect the price to progress towards the next resistance level of $2.52. Whereas, all technical indicators recommend a buy signal in the coin.